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Goldsmith Carl H's Form 4 filing

Terran Orbital Corp (LLAP) · filed Jul 15, 2022

Accession no.
0001104659-22-080293
Filed
Jul 15, 2022, 9:01 PM ET
Trade date
Jun 24-Jul 15, 2022
Filing delay
21 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 30 non-derivative transactions. Open-market sales total $589.3K. It was filed 21 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Goldsmith Carl HCIK 000122686210% Owner
Beach Point Capital Management LPCIK 000145388510% Owner
Beach Point GP LLCCIK 000145515210% Owner
Beach Point Advisors LLCCIK 000153761810% Owner
Beach Point SCF Multi-Port LPCIK 000157561910% Owner
Beach Point SCF IV LLCCIK 000158434210% Owner
Beach Point TX SCF LPCIK 000170995710% Owner
Klein Scott MartinCIK 000177010610% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 24, 2022Common stockSSaleDisposed−17,131$5.13−$87,882.031,104,594Indirect
Jun 27, 2022Common stockSSaleDisposed−2,530$5.05−$12,776.51,102,064Indirect
Jun 28, 2022Common stockSSaleDisposed−108$5.05−$545.41,101,956Indirect
Jun 29, 2022Common stockSSaleDisposed−815$4.53−$3,691.951,101,141Indirect
Jun 30, 2022Common stockSSaleDisposed−1,264$4.66−$5,890.241,099,877Indirect
Jul 7, 2022Common stockSSaleDisposed−1,280$4.82−$6,169.61,098,597Indirect
Jul 8, 2022Common stockSSaleDisposed−1,651$5.15−$8,502.651,096,946Indirect
Jul 13, 2022Common stockSSaleDisposed−732$4.59−$3,359.881,096,214Indirect
Jul 14, 2022Common stockSSaleDisposed−538$4.53−$2,437.141,095,676Indirect
Jul 15, 2022Common stockSSaleDisposed−732$4.55−$3,330.61,094,944Indirect
Jun 24, 2022Common stockSSaleDisposed−23,150$5.13−$118,759.51,492,692Indirect
Jun 27, 2022Common stockSSaleDisposed−3,419$5.05−$17,265.951,489,273Indirect
Jun 28, 2022Common stockSSaleDisposed−147$5.05−$742.351,489,126Indirect
Jun 29, 2022Common stockSSaleDisposed−1,102$4.53−$4,992.061,488,024Indirect
Jun 30, 2022Common stockSSaleDisposed−1,708$4.66−$7,959.281,486,316Indirect
Jul 7, 2022Common stockSSaleDisposed−1,730$4.82−$8,338.61,484,586Indirect
Jul 8, 2022Common stockSSaleDisposed−2,231$5.15−$11,489.651,482,355Indirect
Jul 13, 2022Common stockSSaleDisposed−989$4.59−$4,539.511,481,366Indirect
Jul 14, 2022Common stockSSaleDisposed−727$4.53−$3,293.311,480,639Indirect
Jul 15, 2022Common stockSSaleDisposed−989$4.55−$4,499.951,479,650Indirect
Jun 24, 2022Common stockSSaleDisposed−34,726$5.13−$178,144.382,239,037Indirect
Jun 27, 2022Common stockSSaleDisposed−5,129$5.05−$25,901.452,233,908Indirect
Jun 28, 2022Common stockSSaleDisposed−220$5.05−$1,1112,233,688Indirect
Jun 29, 2022Common stockSSaleDisposed−1,653$4.53−$7,488.092,232,035Indirect
Jun 30, 2022Common stockSSaleDisposed−2,561$4.66−$11,934.262,229,474Indirect
Jul 7, 2022Common stockSSaleDisposed−2,595$4.82−$12,507.92,226,879Indirect
Jul 8, 2022Common stockSSaleDisposed−3,346$5.15−$17,231.92,223,533Indirect
Jul 13, 2022Common stockSSaleDisposed−1,483$4.59−$6,806.972,222,050Indirect
Jul 14, 2022Common stockSSaleDisposed−1,090$4.53−$4,937.72,220,960Indirect
Jul 15, 2022Common stockSSaleDisposed−1,484$4.55−$6,752.22,219,476Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

No transaction price on this filing refers to a footnote.

Remarks

(1) The reported securities are owned by Beach Point SCF IV LLC ("SCF IV"), Beach Point SCF Multi-Port LP ("SCF Multi"), and Beach Point TX SCF LP ("TX" and collectively with SCF IV and SCF Multi, the "Funds"). The Funds may be deemed a "group" for purposes of Section 13(d) of the Exchange Act. (2) Beach Point Capital Management LP is the investment manager of each of the Funds ("Investment Manager") and Beach Point GP LLC ("Beach Point GP") is the general partner of the Investment Manager. In such capacities, Investment Manager and Beach Point GP may be deemed to share voting and dispositive power over the reported securities held by the Funds. Investment Manager and Beach Point GP each disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that either is the beneficial owner of the reported securities, except to the extent of pecuniary interest, if any, therein. (3) Beach Point Advisors LLC, a Delaware limited liability company ("Fund GP"), is the General Partner or Managing Member of each of the Funds and Scott Klein and Carl Goldsmith are the members of the Fund GP and may be deemed to beneficially own the securities held by the Funds. Notwithstanding the foregoing, the Fund GP, Mr. Klein and Mr. Goldsmith each disclaims beneficial ownership of the reported securities and this report shall not be deemed an admission that any of the foregoing is the beneficial owner of the reported securities except to the extent of its or his respective pecuniary interest, if any, therein.

Read the full filing on SEC EDGAR (opens in a new tab)